churn rate - definition in the Business English Dictionary - Cambridge Dictionaries Online

Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “churn rate”

churn rate

noun [C]
 
 
COMMERCE, MARKETING the percentage of customers who stop buying the products or services of a particular company, calculated for a particular period of time: Its churn rate is 17% against an industry average of 25%.
HR the percentage of people who leave their job, calculated for a particular period of time: The firm reports a staff churn rate of just 4% against a sector average of around 25%.
(Definition of churn rate from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of churn rate?
Add Cambridge dictionaries to your browser to your website

Word of the Day

disappear off the face of the earth

to disappear completely

Word of the Day

The language of elections

by Liz Walter,
April 22, 2015
On May 7th, citizens of the UK will be going to the polls (having an election) to decide who will form the next government. This kind of election is known as a general election. The country is divided into 650 areas, called constituencies. Each constituency elects a member of parliament (MP) to

Read More 

dumbwalking noun

April 20, 2015
walking slowly, without paying attention to the world around you because you are consulting a smartphone He told me dumbwalking probably wouldn’t be a long-term problem.

Read More